Binomo

Binomo was established in 2014. Today, the broker got a license from CRRFR, and takes steps to obtain an extra license from CySec. In 2015, the company received an award at the Forex Expo Awards as the best platform for beginners.

Binomo is also developing CFD trading. It changes significantly depending on price fluctuations. The scheme resembles FX trading. It is still being tested in Beta mode but is already available for iOS app.

Types of Accounts

Binomo has the following accounts which depend on initial investments and functions:

  • A Demo account is an account for beginners provided for free upon registration.
  • A Standard account is an account with minimal investments of 10 USD. It provides complete access to all trading schemes, as well as analysis and technical support.
  • Gold account is intended for those traders who are ready to deposit from 500 USD. It provides users with an advanced level of functions like an ability to work with more liquid assets and favorable cashback.
  • VIP is intended for professionals with initial investments from 1,000 USD. It offers customers the broadest selection of extra services like personal managers and more exclusive conditions for working.

To obtain the necessary knowledge in trading, the broker offers a free educational system including interactive books, video tutorials and detailed instructions for working with the terminal.

Trading Platforms and Partner Programs

Binomo developed its own trading terminal. It has a simple and intuitive interface clear both to beginners and more experienced traders. Users will find a scalable 4-mode chart, 14 indicators and about 30 tools for graphical analysis.

The terminal offers about 50 trading assets, multi-mode transactions, a large selection of indicators and tools, interface with several independent tabs, etc. There are terminals for iPhone and Android and a mobile application for trading CFDs. The company offers two contracts for effective trading, a turbo and classic contracts. The term of expiration is from 1 to 5 minutes for turbo contracts, and from 5 minutes to 1 hour for classic ones.

Binomo attracts new customers to the company and invites partners for cooperation. A special BinPartner program has several types of tariffs for the choice of partners: 70 +% revshare that enables to get at least 50% of the system revenue, CPA that gives a fixed fee for the first deposit of a customer and 5% referal, i.e. 5% of the attracted client’s revenue.

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Min. deposit

5 USD

Clients in the USA

yes

Platforms

innovative platform Binomo

Year of foundation

2014

Country

St Vincent and the Grenadines